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-sixth of the economy in order to be able to gain control of our lives, and of course it's going to be a mess. what does the government do that is good when it starts interfering with our lives? there are functions for the government. they need to remember what those things are and leave the rest of us alone. >> neil: what they discovered, as you warned -- this is prior to your prayer breakfast meet and greet with the president -- that all of a sudden the goodies would be showcased up front. the problems would be later. the goodies were fewer, the problems many more, and the cost of this potentially much, much hire than the thought. how is all of this rolling out now? >> well, of course the reason that it was done in secret, rather than in a transparent manner in which it was supposed to have been done, is because there are so many bad parts of it. there's so many obligations so many new taxes associated with it. it's incredibly expense simple. it was supposed to lower the cost. it has raised the cost of the premiums for average family, and in the neighborhood of $5,000. this is a disaster. and the real
safe financial move it could hurt young adults and economy as a whole. brenda buttner, anchor of "bulls and bears." i guess it's a story here is that young people are avoiding debt and not getting sort of themselves mixed up in some of these predatory practices that young people have been the target in the past. so had a part of the story is good, right? >> absolutely. during the great recession everybody stopped using their credit cards but particularly those under 35. especially undergraduates as you brought up. in a sense that is good, whenever you hear from a personal financial expert, get some extra money, pay off your credit card debt, but having no credit and misusing credit are two different things and could have potentially difficult implications for our economy and for these young adults. >> rick: i remember my mother telling me, go and get one credit card, buy something you need but get your books and put it on the card and then pay it off in full. that is the way to start establishing a good credit? >> who is your mom. eileen -- that is good advice to your son. that is exact
. the economist is out with a report on our economy's saying that our economy is in better shape than you think. we're back with that in a moment. first, i want to give a shout out to my grandmother mabel. she convinced her nursing home to switch cable providers just to see the cycle every day. go, mabel! [ jackie ] it's just so frustrating... ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm fed up with always having to put my bladder's needs ahead of my daughter. ♪ so today, i'm finally talking to my doctor about overactive bladder symptoms. [ female announcer ] know that gotta go feeling? ask your doctor about prescription toviaz. one toviaz pill a day significantly reduces sudden urges and accidents, for 24 hours. if you have certain stomach problems or glaucoma, or can not empty your bladder, you should not take toviaz. get emergency medical help right away if your face, lips, throat or tongue swells. toviaz can cause blurred vision, dizziness, drowsiness and decreased sweating. do not drive, operate machinery or do unsafe tasks until you know how tovia
agenda. he got health care passed and fixed the economy. he has the economy on the right track. the gun issue was not a big deal with him in the beginning. gale marriage was not a big issue, but they have become centerpieces, that's the period he's in at this point. republicans are cooperating to the degree that they appeared to be disorganized enough that he appears to be right on track. >> you know, on that point, in terms of the economy, victoria, the president talking about the budget last week, he said something that the gop just jumped all over. the president said, and i'm quoting him, we don't have an immediate crisis in terms of debt, and the republicans and the right wing went bananas. but then mr. boehner and ryan, of course, agree with him. watch this. >> we do not have an immediate debt crisis, but we all know that we have one looming. >> we do not have a debt crisis right now, but we see it coming. we know it's irrefeetably happeningivities they say the president shouldn't have said it, now you have boehner and ryan saying it, about you if both say we don't have an immediat
a balanced budget and it's important we owe the country a reasonable plan and grows the economy. balancing the budget is not just a statistical exercise it's the necessary means to a healthier economy, it creates more jobs and helps people keep more of hard earned money and a contrast to the other budgets that are passing. at least budgets are passing here for a change, but all the other budgets have trillion dollar plus tax increases and have net spending increases and when he you have a trillion dollar deficit, we need to work on our spending and when the other side is offering even more spending increases and even more tax increases, more borrowing, we're still kind of worlds apart. >> greta: i went through the budget and it's very complicated, at least i think it's complicated. and i want to go to different provisions i understand. let me start with medicare. under your program it doesn't affect anyone over age 55. >> if you're born in 1958 or earlier, it doesn't affect you. meaning you stay in the current medicare program just as it's designed now. in addition we get rid of the obamac
to our economy? >> what it means to our economy, the lawmakers, what gaur gary b is correct. voters are not against this, voters are against this. and like trying to find the bravest frenchman, it's tough to find an honest one out there. >> and this is by the way-- >> and this is the entire french vote and i don't care how. >> they don't want this. >> and here is the difference, here is the difference. >> and one thing about this is, even if everybody in the world is doing it, it is still wrong. congress comes out and says, we don't want pork and they also said we're going to stand up for simpson bowls and cut spending and raise revenue, we can't do that. they all say they're against pork and every single one of them do it, it's a systemic problem and it's a character problem that we have indeed seen and it means these guys are not doing it for our country. >> john, one thing, take a breath for god's sake. the issue here is that if jonas got, you know, the extra bonus coming early. taxpayers weren't paying for it. in this situation, clearly, taxpayers who in theory brought congressm
until you topple the entire economy. >> there budget is built on a hoax. on the one handled they say it balances in ten years. on the other hand they say they repeal obama care. but they keep the savings in obama care. if you would repeal obama care today, their budget would not be in balance. >> you saw him there, the democratic congressman, the top democrat on the committee. good to see you. >> good to be with you. >> in the past hour, you announced what you're calling a house democratic budget alternative. first of all, what is it and how is it different from the previous plan offered by the senate? >> well, it is similar to the senate plan. in other words, we also focus on job creation and accelerating the economy right now. then we address the long term budget deficit in a balanced way where we ask for shared responsibility as opposed to the republican plan which provides another tax break wind fall to very wealthy people at the end of everybody else. the expense of the middle class, the expense of commitments to seniors. so our focus right now is to number one, do no harm to th
, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a
that has to do with the smart investments that we know we need to get the economy growing again, those are off the table. big tax cuts for the wealthiest americans that has to be made up by somebody and we know who that somebody is. >> thank you for coming in. there is no huge surprise that the ryan budget overwhelmingly passed in the house or that it failed in in the senate, but three senators voting against it, rand paul, ted cruz, mike lee. that's a new thing, tea partiers saying i'm even more conservative than paul ryan. is that the message? >> yeah. that is the message and also 2016 is the message. two of those three folks you mentioned have presidential ambitio ambitions. the rhine why we're in this situation in the first place is the inability to come together and pass a real budget. and really we see a new base rhine where these big tee bates are taking place, but the new sort of normal is the spending levels that were set by sequestration. and so yesterday we did see congress pass, pass a continuing resolution, pass a stopgap spending bill that went to the white house. and it
with the casino's owner since it opened two years ago. >>> so just where is the economy headed? according to ben bernanke, the economy is improving, however, interest rates will stay low for now and until unemployment falls below 6.5%. >>> more economic clues today from nike after the bell investors will be looking at the global retailer's future orders. china trends and gross margins for a read on consumer demand in china and here at home. >>> expectations are climbing for this morning's february existing home sales numbers which are seen coming in higher than january. >>> and cash strapped cyprus, banks are still closed and late night meetings broke up with no new plan b to fund the island's much needed bailout. >>> closer to home, cvs is weighing in on the policy requiring employees to record their weight and body fat or face a health insurance premium. all data collected during health screenings is private. >>> fans of starbucks will be happy to know that beginning in may they can also rack up rewards points with packaged coffee purchases at grocery and drug stores. >>> meanwhile, walmart is
the economy shows stronger signs of growth. for more on what this means for the u.s. economy, let's go to cnbc's karen cho. a rollerer coaster ride the las couple days. >> we're looking for a mixed start. we're expecting to see a bit of a dip out of the gates for the like of the s&p 500 and also the nasdaq. there were gains across the market yesterday. this is exactly what investors are looking to see. the same stimulus train thanks to ben bernanke. we heard that the qe program, $85 billion a month in mortgage and treasury purchase will remain for the foreseeable future. ben bernanke still keeping an eye out for potential negative effects from the policy. but so far he's promised the markets this will continue. in terms of the commentary around the dart, we did see adjustment lower on the growth forecasts. smament, ben bernanke is pointing to the fact that there has been some improvement in the likes of the housing market. the fiscal consolidation thanks to its playing out for the budget, this is going to have an impact in 2013 growth, 2.3% to 2.8% is the number we're looking at. this is down
is in this country? it's in the banking system. it's a huge banking system, eight times the size of their economy. consider this, brian, if the us banking system was as big relative to the u.s. economy as cyprus is, we would have 45 more banks the size of jpmorgan in the united states. that's how big it is. that's why there's a need to tax deposits. that's where the money is. that's the only way this country will be able to come up with it. that's the struggle. now they're off to russia. minister of finances hope they get money out of that country. it's not clear that's going to happen, at least not in time to save the banking system. >>> of course here as always we want to know why are you awake? shoot us an e-mail or tweet me @billschactman. >>> they have espn and air force one will show you which teams the basketball fan picked. that's next in sports >> leave it to reality tv. we have more great diving. highlights from the new celebrity diving show "splash" which i did watch a few minutes of. check it out when way too early comes back. >> someone released poison gas inside the tokyo subway sys
-through with the israelis and a lot of interesting developments on the growing economy here, the technology sector. we will have jeff goldberg and host of "meet the press" in the united states, david gregory and "meet the press" from here, dana weiss. we have a pretty jam-packed show. >> wonderful. andrea mitchell, thanks very much. >>> the white house is work, on shifting over side of its lethal drone program from the cia to the military. according to the "the wall street journal." the move would make the controversial program subject to international law. strikes would be undertaken with the consent of host governments, while many in washington believe the program will be more effective under the cia, the proposal reflects a growing consensus it needs to be on legal, sturdier footing. yesterday the senate kicked off hearings. senators on both sides expressed concerns over privacy. some members are mulling possible federal regulations. the faa estimates 30,000 drones could be flying in the u.s. skies in the next 20 years and richard haass is shaking his head. it's impossible to consider. >> i think t
, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. [ female announcer ] stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new secret clinical strength stress response scent. mr. wiggles and curling irons. for the little mishaps you feel, use neosporin to help you heal. it kills germs so you heal four days faster neosporin. also try neosporin eczema essentials. >>> tonight president obama is traveling to israel in his first foreign policy trip since winning re-election. tomorrow he'll met with israeli prime minister benjamin netanyahu. topping the agenda, iran's nuclear ambitions. on thursday the president will tour the west bank and meet with mahmoud abbas, president of the palestinian authority. then friday it's on to jordan f
and improve our economy. there is a direct link between investments and infrastructure and improvements in the economy. >> now, governor rendell, i want to -- you're a politician so you are able to deal with some of the rougher news. let's go where we got grades of c plus to c minus. rail, a big one. bridges really big. ports. public parks and rec. i know leslie noth will be sad about the c minus in parks and rec. big things. rail, bridges, and ports are three large scale, important things this country needs if we want to move, you know, and then look at d. dams d, energy d plus. aviation d. this worries me frankly. drinking water d. roads d. this is humbling. tell me what you make of it. i'm interested in your take as a former politician, a recovering politician maybe. every politician says they want to invest in infrastructure. i feel like it's in every state of the union address ever and yet look at the grades greg's organization is giving us for it. >> well, the truth is every politician says it but they don't act upon it. interestingly, stimulus because of the tiger grants gave a l
back their money only to see the economy falling apart. you're not winning on those issues, oath either, john. >> joan, you're so right. you are better on this than i am normally. equal pay for equal women. your party has been slow on that. >> i agree. i'm following our party. those are the changes that we should be making. here's what the real difference between the two parties in my opinion are. >> okay. >> the republican party has always said we're going to make sure you have opportunity that leads to unlimited success but not guaranteed success. that was the american dream. we've given that up because people say it's not attainable anymore and the democrats are selling we will give you guaranteed success but it's going to be very limited. >> who says that? >> no one guarantees success. >> find -- >> it's the governmental -- >> john, i don't know any democrat who talks like that. >> there's no no one who wants to guarantee success. >> i've never heard that anywhere. >> no, it's all about equal opportunity. we are about guaranteeing equal opportunity. we are about leveling the playing
is handling the economy. the president is now making an effort to reach out to republicans by meeting with them several times over the past couple of weeks but you have is to wonder are his efforts sin? sincere. i asked lindsey graham earlier. the president spent more time on capitol hill meeting with republicans in the past week than he has for the previous four year is. senator, what is up? >> i don't know. old saying in the south it doesn't matter how you find religion as long as you do. i don't know if it is the dropping poll numbers or wants a leg icy and realizes you you can't have one without talking to republicans. either way it is a constructive thing. >> mike: i said you can't govern if you don't have relationships. >> right. >> mike: you can't have relationships if you don't look at each other face to face and spend time together. may not always be pleasant but it has got to be done. are you convinced and you were one of the senators that had dinner with him on the thursday night at the jefferson hotel. is he being a workhorse? or a showhorse? >> that is the ultimate the qu
price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> shepard: hey, if you kick a helpless see you lose your beach privileges. the mayor of san diego ordering officials to close down a stretch of beach in la jolla after cameras caught people kicking and punching and sitting on top of seals and their brand new pupsz. workers installed the cameras in january to watch the seals give birth. instead cameras caught people harassing the animals. now the beach is off limits at night. that is not sitting well folks say that beach should be open to everybody. trace gallagher is in our west coast news hub. first, did they find the people who attacked the sealed seals? >> not yet, shep. the city attorney says if suspects are brought in they will be prosecuted and wildlife groups say they are appalled by the abuse beca
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immigrants are good for this economy. they are benefitting not only high skill people like me or like all of the people working in washington, d.c. because they mow their lawn and they watch their children, but also lower skilled labors because this is not a zero sum game. the economy can expand. the data is very clear. i think it is pretty much a no brainer. >> if an immigrant paints my house somehow we are all richer because the rest of us can specialize in something else? >> yes. one of the ways because he's cheaper he makes prices much lower prices of construction much lower for all of us. >> that mahas been my understanding by this flexibility of a labor market everything costs less we can get richer. >> what you are focusing on is the gross domestic product for example if we were to provide grants and amnesty to 12 million illegal aliens the gdp tote at that time total sum of all good and products would grow. >> they would stop hiding and report more income. >> that is an abstract method. it doesn't mean anything. it means squat for "john q" public. with the holy skilled low end job
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adviser at the time, made war with iraq make it sound like it wouldn't cause a dent in the economy. "the likely economic effects would be relatively small. if the united states goes to war in iraq to depose saddam hussein." "the key issue is oil and a regime change in iraq would facilitate an increase in world oil which would tend to lower oil prices here." there's more of this. >> oil prices went up. the number i always used to say when i talk about iraq often and paul and i would have these debates and when this was really in conscience, $20 billion on air-conditioning in iraq per year during the height of the year. $20 billion on air-conditioning in iraq and afghanistan. >> in 2002, richard pearl, chairman of the defense policy board said "we're not talking about a massive invasion along the lines of '91. we're talking about a much more modest effort in which the united states will assist iraqis in freeing their country." let me get over to paul about the manpower and loss of lives. and the world you live with. 31,000 wounded. about 600 amputees. give me a sense of your own personal e
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smaller, guess what? a lot of people lose jobs. this economy which is very dependent on financial services. will 50% of the economy will definitely suffer so it is a huge, huge fight. plus, a lot of people are going to have to lose money if they've had uninsured deposits in those banks. in other words, were they above the insurance threshold? did they have more than 100,000 euro? which is approximately $130,000 in their accounts? they may lose 30, 40, 50% of that cash and instead get shares or bonds in a future bank that they don't know how much it will be worth. extremely complicated. sufficed to say what is perhaps on the line, perhaps poe tlings the first country leaving the euro. >> from cyprus for us, thank you, michelle. >>> back here, a new twist in the search for the man who gunned down the colorado corrections chief including reports that the murder was ordered by a white supremacist gang. we're live in monument, colorado with an update on that. >>> first a lot going on. a few things we thought you should know. an interesting story today in business week. it says mitt romney strug
guys have to come up with $7 billion. and the way the cyprus economy is structured, it's almost all banks. huge banks relative to the size of the economy. and so the solution they came up with was taxing deposits in banks. that has turned out to be incredibly controversial. last night the parliament here voted it down even though there had been intense negotiations for weeks about it. now today, it's about plan "b" and it's not clear whether there will be a plan "b." the banks are closed, only get money out of atms, the financial system here on the verge of collapse. and if things don't get resolved quickly, this could be the first country that leaves the euro, chris. >> obviously, investors around the world are watching this really closely. what about here in the u.s.? what kind of repercussions might we feel here? >> well, the biggest repercussion that we saw is when they decided they were going to tax the deposits in banks, just like we have in the united states where we know that if one of our banks fails, we are protected up to a certain amount, 250,000, they have that law in e
shows by increased economic growth but the duty is even low-skilled immigrants are good for this economy. they are benefiting not just people like me or people working in washington d.c. because they know their lawn, watched their children but this is not the zero sum game and the data is clear it is a no-brainer. john: of the immigrant pains my house we are richer? >> yes. because he is cheaper e makes construction and prices lower for all of us. john: adits minder standing everything cost less and we get richer. >> to focus on the gdp if we would provide amnesty to 12 million in legal immigrants yes a total sum of products manufactured would grow. >> the more people in the bigger it gets but it is abstract but it doesn't mean anything for the public because if you find a the government with low-end jobs gdp is rising but opportunities for meaningful growth are eroding. john: what would you do with the 12 million who are here? >> you remove them as identified by law and allow them to leave voluntarily. if we have the incentives in place they would self to port with attrition. john: mak
economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ glass on floors. daily chores. for the little mishaps you feel use neosporin to help you heal. it kills germs so you heal four days faster. neosporin. use with band-aid brand bandages. >>> we've all seen the headlines. assault weapons ban dead. you've seen those, right? well, it's time to rewrite those headlines to assault weapons ban not dead. that's right. not dead. judging by my twitter feed, many of you are very angry at harry reid tonight for killing the assault weapons ban in the package of legisla
are participating in the economy in arizona. and we deserve to be able to, you know, use the facilities that we need. it also doesn't just recognize the basic realities of transgender lives. i'm a transgender man myself. that means i was born female. i grew up as a girl and later in life transitioned and have now lived as a man for most of my life. for most of your viewers, i'm guessing it's pretty clear what restroom i should use and it's common sense. but yet, as you say, this bill would make it a criminal act for me to actually use the men's room and i could end up in prison for six months. and yet it would be very disruptive for me to use the women's room. what restroom would you like to see me in? >> i want to see you in the men's restroom for sure. i understand a lot of this is based on your birth certificate designation. that is a hard thing to change. is there any talk of now making sort of an at birth designation? would that help things ? >> you're right. i myself still have an f for female des ig nation on high birth certificate. that's not a document we typically carry around or think abo
, not concerned with jobs, economy and deficit and healthcare but considered with every weird social issue or recent statement by somebody they could draw out of the past and make the subject of the debate. i do think we're going to have a lot of new faces. this is healthy for our party. we're going to have one or two faces we are familiar with. i wouldn't suggest that jeb bush might not wrong. today, he might. this will be a very healthy discussion about the future course of the republican party and more importantly the future course of the country. >> greta: president is overseas. he is just on his way back. some have called it an offensive going over to israel and to jordan. is this -- as he leaves this trip, as he walks away from this trip, has this been a success? >> it's been a success he will have done things to bridge the gap between he and the israeli leadership and israeli people. that will be constructive. i think it will be good in admission of the failure of the last four years where he had a distant relationship with israel and where he tried to insist the peace process begin
building. damaging his economy big time pressure on president obama at home all around the world to intervene in some way. carl levin saying saying there should be some kind of surgical air strike. maybe the president should help set up a no-fly zone around syria to pressure assad. the bottom line is the president at a news conference here yesterday said he feels like it's a situation where is he damned if he does, damned if he doesn't. take a listen. >> your question may be suggesting is why haven't we simply gone in militarily? and, you know, i think it's fair to say that the united states often finds itself in a situation where if it goes in militarily, then it's criticized for going in militarily. if it doesn't go in militarily, then people say why aren't you doing something militarily? >> now, there is also the situation i mentioned with the syrian refugees spilling into jordan here. the bottom line is that king abdullah noted that it is now so bad that there is one refugee camp here in jordan that is so large, it is now the fifth largest city in jordan. and he said that giv
it will be better. if they leave guantanamo the next place an economy red roof inn which isn't great but better than gitmo. the fact that they are doing the starving themselves thing is not good because in 2005 they tried to do that and apparently they gave them feeding tubes without seductivenessatives and jammed it down their throats and stuck it up their nose and damaged them badly there. i think they would probably rather eat than starve themselves and be forcible fed like that. >> greg: maybe there is a way to turn it into a terror museum. >> gitmo is closed. why are we talking about this? gitmo is closed. president obama said he was going to do it. it's done. that money is going towards i don't know obama phones or something. >> greg: i miss my obama phone. comment on the show e-mails. go to fox news calm slash red eye and click on submit a video and we mitt still use it to come. the halftime report from tv's andy levy. >> tonight's halftime report is sponsored by babe. >> tiger the younger versions of cats with the the black stripes. thanks, baby tigers! [ male announcer ] what?! investors co
to talk about the economy. have a one mention to all voters. well, it turns out the obama way was the successful approach in the 2012 election. >> mark murray, thank you so much. we'll see whether it happens. how the rubber hits the road. >> thank you. >>> coming up, a crowded race in south carolina for the open congressional seat there. there is no shortage. we'll get an update. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. i'm your hot water heater. you hardly know i exist. that's too bad. 'cuz if my pressure relief valve gets stuck... [ booooooom! ] ...we hot water heaters can
reduction doesn't require balance, just that the economy is growing faster than the debt, while the plan does put the debt to gdp ratio on a downward trajectory, it probably doesn't need to be quite as steep. ezra klein, this is a big deal, and you're here on this show to prove it is a big deal. you would never come out this late if this wasn't a huge deal. >> absolutely not. >> this is huge. the debt is the reason we have to do all these terrible things to medicare, which we republicans really love. it is just the debt is forcing us to do it. there's no rationale. >> if you read paul ryan's budget, and i have read every iteration, the first ten pages of the budgets is the same, this is a very apocalyptic, mad max scenario about the kind of debt crisis america faces. a crisis which the currency is completely devalued. we print and print money, inflation races up, financial markets collapse. it is compared to that where block granting, repealing obama care, voucherizing medicare, doing all of the things he does, in comparison to the debt crisis, all of that is fine, moderate, it is just a
has no interest in our economy, he has no real interest in straightening out our budget problems. i don't know what his priorities are, but they certainly aren't straightening out the tremendous debt that we've accumulated under his presidency. >> greta: and the senate should note that other presidents should know that other presidents have been late, but this is the first time the president didn't get the budget before the house and senate and we waited and supposed to get it early april, but maybe. mayor, listen to this the national debt we all owe stands at more than 16 trillion dollars, so are president obama and speaker of the house, john boehner, both in denial or are they drinking the same stuff? >> i think it's important to recognize is that we've already cut 2.5, 2.7 trillion dollars out of the deficit. if the sequester stays in you've got over 3 1/2 trillion dollars of deficit reduction already so we don't have an immediate crisis in terms of debt. in fact for the next ten years it's in sustainable place. >> we do not have an immediate debt crisis, but we all know we have
today in terms of the economy, coming out of the white house, because leadership on tough issues requires the president to take political risk, and he won't do it. and this is a guy who will say anything that is appropriate to the group in the room. and that's exactly what he's doing in israel today. he's saying what's appropriate to the group in the room. >> i know bb netanyahu pretty well. he blurbed by first back in 2002. he's he a strong leader and thank god at least there was one adult in the room and one adult that understands the nature of the battle, the conflict between good and evil in our time. bb, there's no way he does not see through this president's bs. do you agree with me? he knows where obama's coming from. i think he knows full well he can't trust him. >> look, sometimes -- sometimes folks we don't completely agree with at least go about things in a constructive way. bill clinton went about trying to deal with the middle east question in a way that really began to make some progress, that was a balanced perspective. it was something that began -- that certainly
and that gave us the magnificent economy that clinton brags about and yet, that government got shut down in the end of 1995, our first, the republicans first term there. it really, really hurt republicans because it looks like we can't care about the things that-- >> they hung on, they won. not only that, but that's how we got to a balanced budget. >> it hurt us, it hurt us trying to push other things and this is -- repealing obamacare, yes, keep talking about it and putting it in. unless obama signs a repeal of obamacare. >> sean: that's symbolic, that means obamacare will never be taken out. >> no, it isn't. i plan on winning the senate back in two years. >> sean: on health care, what you're suggesting is the republicans only do the symbolic vote to repeal, but not really take the stand to do it. >> i think shutting down the government would not-- >> we're not going to shut down the government. that's obama's line. >> no, shut down the government, you're saying it's important it doesn't ruin the credit rating and medicare payments. >> sean: the social security and military keeps functi
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the economy and it was not a race about social issues and it's not a race about the various flaws that gingrich has. would the republican party be in a different position now? the republican party is fast moving away from what santorum said. we don't need to tell ourselves that we're great if we stay more conservative. the republican party as an institution is trying desperately to expand itself beyond that and while conservatives are saying what santorum is saying, if only we had been more pure in 2012. >> how can he go to the center at the same time you want to go right? there's a struggle, but if -- my hunch is they are going to go right because they'll see it coming up and they'll say we're not going to be there and let's have some fun. great reporting and great scoop. michael sheer, thank you, as well. >> up next, michele bachmann has a knack for stretching the truth and she does and he's back at it this week. our bachmann pants on fire fact check. this is "hardball," the place for politics. well, technically i work for one. that company, the united states postal service® wo
in this country, look at our economy, whether or not it's growing or whether or not it's shrinking ab how much we export to other parts of the world, a new report shows that china will overtake the united states as the world's number one economy by 2016. >> jesse: really? is that true? >> well, it's a report from the organization for economic cooperation and development. their forecast differs from other people's forecast which says basically because of china's demographics, they have a lot of people. >> jesse: a billion people, a lot of people to tax. >> alisyn: that's right. so the other prediction said it would be by the year 2020. this puts it four years earlier, by the time the president is leaving office. >> jesse: you could have on obama's watch, president obama, us being downgraded for the first time and lose the title of the number one economy in the world. that's staggering. >> clayton: to be fair to the president, this certainly didn't start under president obama, it started many years ago in china, but also, look, it's easier in china to have this kind of growth when you're doing it o
more money in the economy and reduce taxes. when rye bega regan did it we % growth in one year. we don't reinvent ourselves in this way. unless you stand for something people aren't motivated to go out and vote for you. >> chris: talk about things you stand about. immigration you came out with your ideas for a comprehensive plan this week and you are taking fire for both the right and the left. your call four plan for creating a legal status, not citizenship but a legal status for the 11 million folks who are already here illegal immigrants already here but taking fire from the right because you oppose the e verify is system which would make it easier for employers to check whether workers are in fact legal or illegal. why would you oppose that? >> that is not the main part of my plan. the main part of the plan is trust but verify. says we have to have border security. conservatives wanted border security before we had immigration reform. the amendment that i will add will ensure that there is border security and that congress gets to vote on the border security every year in order for
for the city of new york, he has done a lot on education and the economy. this is a public health issue. you're talking about 7,000 new yorkers who die a year because of tobacco products, 450,000 americans. so, look. i think this is certainly a good step but the mayor is going to have a huge fight on his hands because the tobacco industry has made it clear this is something they'll focus on and they don't back down from fights. >> it is not the only thing he is doing after. the other thing michael bloomberg wants to do is create a minimum price of 10.50 for the pack of little cigarettes and little cigars. he wants to prohibit the redeeming of any coupons for tobacco, require retailers to sell cheap cigars in packs of at least four. i think one of the larger issues out of this obviously is about the role of government in our every day lives when you talk about these kinds of things -- the banning of soda. >> yeah. >> you have to place the calorie counts in restaurants. what do you think about that? that larger issue? >> i mean, certainly in terms of being concerned about health issues and try
not agree on every single issue but, for the most part, if you look at where we are at in our economy and look at where we are with educational choice and our military positions and positions on a strong defense in our party for the most part, we agree on almost everyone and doesn't make someone a bad republican. it means we are good republicans and disagree on one or two things. my god. i don't agree with my wife on 100% of the issues but it doesn't mean we don't have a great marriage. i don't see how that is not -- that's not a reasonable position for people to take. i think it's entirely consistent. i think it's a human position to take and i think it's a decent position to take. >> mr. chairman, quickly. this is rich lawrie's column and he was writing this for politico. he said so much depends on the substance. no rebranding is going to make a difference if republican policy is not relevant to people's lives but the party desperately needs more than different marketing. our new political consultants are a few jack kerves and willing to ignore other drthodo we have to get out of th
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